Following the Bitcoin halving, the market's response was in

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Following the Bitcoin halving, the market's response was in line with expectations, with minimal price movement. Currently hovering around $65,000, it's evident that buyer momentum is weak. However, sustained growth typically requires a preceding decline. This downturn may be spurred by large investors offloading holdings, particularly if prices hit $67-70k. Additionally, traders who leveraged positions at $70-72k may face pressure to sell amid falling prices, exacerbating the decline. It's plausible that the price won't even breach $67k before the descent begins. In essence, the trend indicates a continued downward trajectory with no imminent reversal. #BTC #ETH #SOL $BTC $ETH $SOL

Following the Bitcoin halving, the market's response was in line with expectations, with minimal price movement. Currently hovering around $65,000, it's evident that buyer momentum is weak. However, sustained growth typically requires a preceding decline. This downturn may be spurred by large investors offloading holdings, particularly if prices hit $67-70k. Additionally, traders who leveraged positions at $70-72k may face pressure to sell amid falling prices, exacerbating the decline. It's plausible that the price won't even breach $67k before the descent begins. In essence, the trend indicates a continued downward trajectory with no imminent reversal. #BTC #ETH #SOL  $BTC $ETH $SOL 